About The Phoenix Mills Limited
Data last updated: 15 July 2026
The Phoenix Mills Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in mall and retail management, a part of the broader business services sector. Incorporated on 27 January 1905, the company has been in operation for over 121 years.
Registered with ROC Mumbai under CIN L17100MH1905PLC000200. Listed on BSE: 503100 and NSE: PHOENIXLTD.
Capital: an authorised share capital of ₹75 Cr and a paid-up capital of ₹71.53 Cr. It is led by directors including Shishir Ashok Shrivastava and Rajesh Ramesh Kulkarni.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹4,422.8 Cr, a growth of 15.98% compared to the previous year. The net worth stands at ₹14,305 Cr (up 3.26% YoY). Total assets are valued at ₹22,853 Cr (up 6.14% YoY).
The company has a workforce of approximately 99 employees as per the latest available data. Its group structure includes 34 subsidiaries.
The company is associated with 1 brand - Phoenix Mills. As per MCA filings, the company has open charges of ₹1,806 Cr and satisfied charges of ₹5,112.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thephoenixmills.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
-
IndustryBusiness Services, Mall & Retail Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with The Phoenix Mills Limited
The Phoenix Mills Limited operates one associated brand: Phoenix Mills. These brands represent The Phoenix Mills Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial property development services are provided. | thephoenixmills.com |
Competitors & Alternatives of The Phoenix Mills Limited
Brands and companies operating in the same space as The Phoenix Mills Limited include Godrej Properties, Vingroup, DLF India and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
|
|
Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
|
|
Provider of property and real estate development services | Gurugram, India, India | 1947 |
|
|
Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
|
|
Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
|
|
Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
|
|
Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
|
|
Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
|
|
Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
|
|
Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of The Phoenix Mills Limited
The Phoenix Mills Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for The Phoenix Mills Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of The Phoenix Mills Limited
The Phoenix Mills Limited is audited by DTS & Associates LLP (ICAI peer reviewed, certificate valid till 2026-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DTS & Associates LLP (ICAI peer reviewed, certificate valid till 2026-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of The Phoenix Mills Limited
The Phoenix Mills Limited is currently managed by 8 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shishir Ashok Shrivastava
Also directs:
Jasper Bridge Ventures Llp
|
Director | 28 Sep 2010 | 15 Years 10 Months | Current |
| Rajesh Ramesh Kulkarni | Whole-Time Director | 27 May 2021 | 5 Years 2 Months | Current |
|
Atul Ashokkumar Ruia
Also directs:
Padmashil Hospitality And Leisure Private Limited, Ashok Atul Private Limited, R R Hosiery Private Limited and 5 more
|
Director | 19 Nov 1996 | 29 Years 9 Months | Current |
| Sumanta Datta | Director | 08 Nov 2023 | 2 Years 9 Months | Current |
|
Archana Niranjan Hingorani
Also directs:
Siana Capital Management Llp, Raiin Resources Llp, Mafatlal Industries Limited and 5 more
|
Director | 08 Aug 2023 | 3 Years 0 Months | Current |
|
Sumeet Anand
Also directs:
Indwest Advisors Llp, Island Star Mall Developers Private Limited, Palladium Constructions Private Limited and 5 more
|
Director | 08 Aug 2023 | 3 Years 0 Months | Current |
Financials of The Phoenix Mills Limited FY 2026 filings available
The Phoenix Mills Limited reported revenue of ₹4,422.8 Cr (up 15.98% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,422.8 Cr | ₹3,813.57 Cr | ₹3,977.69 Cr | ₹2,638.35 Cr | ₹1,483.48 Cr | ₹1,073.29 Cr | ₹1,941.14 Cr |
| Other Income | ₹170.75 Cr | ₹150.9 Cr | ₹132.18 Cr | ₹116.3 Cr | ₹74.44 Cr | ₹92.29 Cr | ₹58.5 Cr |
| Total Income | ₹4,593.55 Cr | ₹3,964.47 Cr | ₹4,109.87 Cr | ₹2,754.65 Cr | ₹1,557.91 Cr | ₹1,165.58 Cr | ₹1,999.64 Cr |
| Cost of Materials Consumed | ₹293.69 Cr | ₹210.45 Cr | ₹186.96 Cr | ₹592.15 Cr | ₹89.18 Cr | ₹33.21 Cr | ₹81.85 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹2.48 Cr | ₹7.83 Cr | ₹334.23 Cr | -₹443.29 Cr | ₹13.81 Cr | ₹43.69 Cr | ₹114.02 Cr |
| Employee Benefit Expense | ₹404.35 Cr | ₹362.69 Cr | ₹298.95 Cr | ₹232.47 Cr | ₹156.93 Cr | ₹112.53 Cr | ₹165.53 Cr |
| Finance Costs | ₹386.84 Cr | ₹403.21 Cr | ₹395.87 Cr | ₹341.18 Cr | ₹294.46 Cr | ₹347.81 Cr | ₹347.82 Cr |
| Depreciation & Amortisation | ₹360.31 Cr | ₹326.52 Cr | ₹270.2 Cr | ₹227.81 Cr | ₹185.85 Cr | ₹209.44 Cr | ₹207.62 Cr |
| Other Expenses | ₹1,090.14 Cr | ₹1,071.43 Cr | ₹980.74 Cr | ₹738.08 Cr | ₹489.64 Cr | ₹389.67 Cr | ₹612.59 Cr |
| Total Expenses | ₹2,532.86 Cr | ₹2,382.13 Cr | ₹2,466.94 Cr | ₹1,688.4 Cr | ₹1,229.87 Cr | ₹1,136.35 Cr | ₹1,529.43 Cr |
| Profit Before Exceptional Items & Tax | ₹2,060.7 Cr | ₹1,582.35 Cr | ₹1,642.92 Cr | ₹1,066.24 Cr | ₹328.05 Cr | ₹29.22 Cr | ₹470.21 Cr |
| Exceptional Items | -₹28.98 Cr | ₹12.75 Cr | ₹0 | ₹605.2 Cr | ₹0 | ₹0 | ₹7.77 Cr |
| Profit Before Tax | ₹2,031.71 Cr | ₹1,595.09 Cr | ₹1,642.92 Cr | ₹1,671.44 Cr | ₹328.05 Cr | ₹29.22 Cr | ₹477.97 Cr |
| Total Tax Expense | ₹475.1 Cr | ₹293.57 Cr | ₹316.6 Cr | ₹198.94 Cr | ₹80.06 Cr | -₹4.68 Cr | ₹122.09 Cr |
| Net Profit | ₹1,556.51 Cr | ₹1,307.34 Cr | ₹1,332.75 Cr | ₹1,477.57 Cr | ₹268.2 Cr | ₹47.74 Cr | ₹388.5 Cr |
| attributable to Owners | ₹1,223.82 Cr | ₹984.23 Cr | ₹1,099.21 Cr | ₹1,334.96 Cr | ₹237.35 Cr | ₹52.61 Cr | ₹334.73 Cr |
| attributable to NCI | ₹332.69 Cr | ₹323.11 Cr | ₹233.54 Cr | ₹142.61 Cr | ₹30.85 Cr | -₹4.86 Cr | ₹53.77 Cr |
| Other Comprehensive Income | -₹15.81 Cr | ₹13.82 Cr | ₹52.95 Cr | -₹16.78 Cr | ₹11.28 Cr | ₹32.64 Cr | -₹52.12 Cr |
| Total Comprehensive Income | ₹1,540.7 Cr | ₹1,321.16 Cr | ₹1,385.7 Cr | ₹1,460.79 Cr | ₹279.49 Cr | ₹80.38 Cr | ₹336.38 Cr |
| EBITDA (computed) | ₹2,807.85 Cr | ₹2,312.08 Cr | ₹2,309 Cr | ₹1,635.24 Cr | ₹808.36 Cr | ₹586.47 Cr | ₹1,025.65 Cr |
| Basic EPS | ₹34.23 | ₹27.53 | ₹61.36 | ₹74.76 | ₹13.31 | ₹3.20 | ₹21.82 |
| Diluted EPS | ₹34.21 | ₹27.52 | ₹61.31 | ₹74.71 | ₹13.30 | ₹3.19 | ₹21.77 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹22,853 Cr | ₹21,531 Cr | ₹19,283 Cr | ₹17,589 Cr |
| Non-current Assets | ₹19,729 Cr | ₹18,835 Cr | ₹15,896 Cr | ₹14,123 Cr |
| Current Assets | ₹3,123.45 Cr | ₹2,696.48 Cr | ₹3,387.45 Cr | ₹3,466.48 Cr |
| Property, Plant & Equipment | ₹2,283.13 Cr | ₹2,279.77 Cr | ₹2,213.17 Cr | ₹1,809.25 Cr |
| Inventories | ₹776.39 Cr | ₹773.91 Cr | ₹781.74 Cr | ₹1,211.73 Cr |
| Trade Receivables | ₹316.78 Cr | ₹230.19 Cr | ₹270.05 Cr | ₹238.25 Cr |
| Cash & Equivalents | ₹181.41 Cr | ₹222.67 Cr | ₹455.23 Cr | ₹264.58 Cr |
| Equity (Net Worth) | ₹14,305 Cr | ₹13,853 Cr | ₹12,387 Cr | ₹11,076 Cr |
| Equity Share Capital | ₹71.53 Cr | ₹71.5 Cr | ₹35.74 Cr | ₹35.72 Cr |
| Borrowings (Non-current) | ₹4,704.4 Cr | ₹3,847.07 Cr | ₹3,813.08 Cr | ₹3,310.2 Cr |
| Borrowings (Current) | ₹591.34 Cr | ₹816.04 Cr | ₹798.84 Cr | ₹949.08 Cr |
| Total Debt (computed) | ₹5,295.74 Cr | ₹4,663.11 Cr | ₹4,611.92 Cr | ₹4,259.28 Cr |
| Current Liabilities | ₹2,428.71 Cr | ₹2,368.05 Cr | ₹2,245.17 Cr | ₹2,578.51 Cr |
| Total Liabilities | ₹8,547.8 Cr | ₹7,678.52 Cr | ₹6,895.9 Cr | ₹6,513.12 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹2,425.69 Cr | ₹2,083.56 Cr | ₹2,161.73 Cr | ₹1,356.05 Cr | ₹780.61 Cr |
| Investing Cash Flow | -₹1,645.58 Cr | -₹2,162.12 Cr | -₹1,859.15 Cr | -₹1,536.02 Cr | -₹2,841.19 Cr |
| Financing Cash Flow | -₹730.55 Cr | -₹47.27 Cr | -₹299.21 Cr | ₹136.76 Cr | ₹2,227.56 Cr |
| Capital Expenditure | ₹1,396.79 Cr | ₹2,617.29 Cr | ₹1,673.64 Cr | ₹1,825.73 Cr | ₹38.56 Cr |
| Free Cash Flow (computed) | ₹1,028.9 Cr | -₹533.73 Cr | ₹488.08 Cr | -₹469.68 Cr | ₹742.04 Cr |
| Dividends Paid | ₹89.39 Cr | ₹89.5 Cr | ₹89.6 Cr | ₹43.07 Cr | ₹17.41 Cr |
| Net Change in Cash | ₹49.55 Cr | -₹125.83 Cr | ₹3.37 Cr | -₹43.21 Cr | ₹166.99 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,233.2 Cr | ₹1,121.19 Cr | ₹1,115.43 Cr | ₹952.99 Cr | ₹1,016.34 Cr | ₹975.13 Cr | ₹917.97 Cr | ₹904.14 Cr | ₹1,305.95 Cr | ₹986.09 Cr | ₹875.02 Cr | ₹810.63 Cr |
| Other Income | ₹61.16 Cr | ₹47.28 Cr | ₹30.79 Cr | ₹31.52 Cr | ₹45.15 Cr | ₹30.4 Cr | ₹37.1 Cr | ₹38.26 Cr | ₹37.19 Cr | ₹34.4 Cr | ₹31.62 Cr | ₹28.97 Cr |
| Total Income | ₹1,294.36 Cr | ₹1,168.47 Cr | ₹1,146.21 Cr | ₹984.5 Cr | ₹1,061.48 Cr | ₹1,005.53 Cr | ₹955.06 Cr | ₹942.4 Cr | ₹1,343.14 Cr | ₹1,020.48 Cr | ₹906.64 Cr | ₹839.6 Cr |
| Cost of Materials Consumed | ₹55.3 Cr | ₹61.34 Cr | ₹50.75 Cr | ₹126.31 Cr | ₹52.58 Cr | ₹74.4 Cr | ₹48.93 Cr | ₹34.53 Cr | ₹70.3 Cr | ₹33.67 Cr | ₹33.59 Cr | ₹49.41 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹42.22 Cr | ₹5.38 Cr | ₹28.21 Cr | -₹78.28 Cr | ₹19.27 Cr | -₹19.47 Cr | ₹5.69 Cr | ₹2.35 Cr | ₹237.22 Cr | ₹41.74 Cr | ₹45.25 Cr | ₹10.01 Cr |
| Employee Benefit Expense | ₹91.2 Cr | ₹109.38 Cr | ₹107.52 Cr | ₹96.25 Cr | ₹86.98 Cr | ₹98.65 Cr | ₹88.45 Cr | ₹88.6 Cr | ₹73.92 Cr | ₹87.53 Cr | ₹73.07 Cr | ₹64.43 Cr |
| Finance Costs | ₹97.41 Cr | ₹102.35 Cr | ₹91.94 Cr | ₹95.15 Cr | ₹94.12 Cr | ₹102.88 Cr | ₹103.1 Cr | ₹103.11 Cr | ₹99.55 Cr | ₹104.19 Cr | ₹96.48 Cr | ₹95.66 Cr |
| Depreciation & Amortisation | ₹89.35 Cr | ₹86.28 Cr | ₹91.23 Cr | ₹93.45 Cr | ₹90.23 Cr | ₹81.27 Cr | ₹77.53 Cr | ₹77.49 Cr | ₹75.72 Cr | ₹65.61 Cr | ₹65.91 Cr | ₹62.95 Cr |
| Other Expenses | ₹294.87 Cr | ₹288.81 Cr | ₹262.04 Cr | ₹244.43 Cr | ₹297.85 Cr | ₹268.73 Cr | ₹257.21 Cr | ₹247.64 Cr | ₹297.8 Cr | ₹271.33 Cr | ₹217.15 Cr | ₹194.46 Cr |
| Total Expenses | ₹670.35 Cr | ₹653.54 Cr | ₹631.67 Cr | ₹577.3 Cr | ₹641.04 Cr | ₹606.46 Cr | ₹580.92 Cr | ₹553.71 Cr | ₹854.5 Cr | ₹604.08 Cr | ₹531.45 Cr | ₹476.92 Cr |
| Profit Before Exceptional Items & Tax | ₹624.01 Cr | ₹514.94 Cr | ₹514.54 Cr | ₹407.21 Cr | ₹420.44 Cr | ₹399.07 Cr | ₹374.15 Cr | ₹388.69 Cr | ₹488.64 Cr | ₹416.41 Cr | ₹375.19 Cr | ₹362.68 Cr |
| Exceptional Items | -₹3.99 Cr | -₹24.99 Cr | ₹0 | ₹0 | -₹2.73 Cr | ₹15.98 Cr | ₹0 | -₹51 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹620.01 Cr | ₹489.95 Cr | ₹514.54 Cr | ₹407.21 Cr | ₹417.71 Cr | ₹415.05 Cr | ₹374.15 Cr | ₹388.18 Cr | ₹488.64 Cr | ₹416.41 Cr | ₹375.19 Cr | ₹362.68 Cr |
| Total Tax Expense | ₹134.3 Cr | ₹121.82 Cr | ₹131.7 Cr | ₹87.29 Cr | ₹71.2 Cr | ₹64.12 Cr | ₹83.5 Cr | ₹74.74 Cr | ₹99.85 Cr | ₹72.42 Cr | ₹71.37 Cr | ₹72.97 Cr |
| Net Profit | ₹485.4 Cr | ₹366.16 Cr | ₹384.09 Cr | ₹320.86 Cr | ₹347.7 Cr | ₹352.77 Cr | ₹292.16 Cr | ₹314.71 Cr | ₹391.58 Cr | ₹344.86 Cr | ₹305.27 Cr | ₹291.04 Cr |
| attributable to Owners | ₹403.35 Cr | ₹275.79 Cr | ₹303.99 Cr | ₹240.69 Cr | ₹268.82 Cr | ₹264.76 Cr | ₹218.1 Cr | ₹232.54 Cr | ₹326.73 Cr | ₹279.36 Cr | ₹252.62 Cr | ₹240.5 Cr |
| attributable to NCI | ₹82.06 Cr | ₹90.37 Cr | ₹80.1 Cr | ₹80.17 Cr | ₹78.88 Cr | ₹88 Cr | ₹74.06 Cr | ₹82.17 Cr | ₹64.85 Cr | ₹65.5 Cr | ₹52.65 Cr | ₹50.54 Cr |
| Other Comprehensive Income | -₹14.72 Cr | ₹4.78 Cr | -₹11.7 Cr | ₹5.83 Cr | -₹42.47 Cr | -₹12.38 Cr | ₹5.8 Cr | ₹62.88 Cr | -₹1.83 Cr | ₹17.3 Cr | ₹9.25 Cr | ₹28.23 Cr |
| Total Comprehensive Income | ₹470.68 Cr | ₹370.94 Cr | ₹372.39 Cr | ₹326.68 Cr | ₹305.23 Cr | ₹340.38 Cr | ₹297.96 Cr | ₹377.59 Cr | ₹389.75 Cr | ₹362.15 Cr | ₹314.52 Cr | ₹319.27 Cr |
| EBITDA (computed) | ₹810.77 Cr | ₹703.57 Cr | ₹697.71 Cr | ₹595.8 Cr | ₹604.8 Cr | ₹583.22 Cr | ₹554.78 Cr | ₹569.28 Cr | ₹663.91 Cr | ₹586.21 Cr | ₹537.59 Cr | ₹521.29 Cr |
| Basic EPS | ₹11.28 | ₹7.71 | ₹8.50 | ₹6.73 | ₹7.52 | ₹7.41 | ₹8.17 | ₹13.01 | ₹18.09 | ₹15.66 | ₹14.15 | ₹13.46 |
| Diluted EPS | ₹11.28 | ₹7.71 | ₹8.50 | ₹6.73 | ₹7.52 | ₹7.40 | ₹8.17 | ₹13.00 | ₹18.06 | ₹15.66 | ₹14.15 | ₹13.45 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Property and related services | ₹823.6 Cr | ₹440.97 Cr | ₹19,013 Cr | ₹7,671.39 Cr |
| Hospitality services | ₹202.94 Cr | ₹65.65 Cr | ₹949.45 Cr | ₹430.86 Cr |
| Residential business | ₹215.79 Cr | ₹153.63 Cr | ₹877 Cr | ₹64.58 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Property and related services | ₹3,232.54 Cr | ₹1,748.86 Cr | - | - |
| Hospitality services | ₹728.77 Cr | ₹205.83 Cr | - | - |
| Residential business | ₹496.04 Cr | ₹322.1 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹543.94 Cr | ₹486.12 Cr | ₹465.71 Cr | ₹476.51 Cr | ₹283.59 Cr | ₹249.18 Cr | ₹444.43 Cr |
| Other Income | ₹135.33 Cr | ₹146.25 Cr | ₹108.72 Cr | ₹63.91 Cr | ₹89.44 Cr | ₹297.57 Cr | ₹42.48 Cr |
| Total Income | ₹679.27 Cr | ₹632.37 Cr | ₹574.44 Cr | ₹540.43 Cr | ₹373.03 Cr | ₹546.75 Cr | ₹486.91 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹39.39 Cr | ₹37.7 Cr | ₹36.06 Cr | ₹32.52 Cr | ₹21.19 Cr | ₹12.68 Cr | ₹23.38 Cr |
| Finance Costs | ₹66.37 Cr | ₹72.74 Cr | ₹64.59 Cr | ₹65.82 Cr | ₹63.61 Cr | ₹62.41 Cr | ₹75.78 Cr |
| Depreciation & Amortisation | ₹70.41 Cr | ₹44.63 Cr | ₹34.76 Cr | ₹30.65 Cr | ₹28.66 Cr | ₹42.38 Cr | ₹46.31 Cr |
| Other Expenses | ₹146.52 Cr | ₹148.27 Cr | ₹117.8 Cr | ₹123.64 Cr | ₹98.19 Cr | ₹113.03 Cr | ₹161.88 Cr |
| Total Expenses | ₹322.69 Cr | ₹303.34 Cr | ₹253.21 Cr | ₹252.64 Cr | ₹211.65 Cr | ₹230.5 Cr | ₹307.35 Cr |
| Profit Before Exceptional Items & Tax | ₹356.57 Cr | ₹329.03 Cr | ₹321.23 Cr | ₹287.79 Cr | ₹161.37 Cr | ₹316.25 Cr | ₹179.56 Cr |
| Exceptional Items | -₹29.49 Cr | ₹40.39 Cr | ₹0 | ₹48.44 Cr | ₹233.09 Cr | ₹0 | -₹1.25 Cr |
| Profit Before Tax | ₹327.08 Cr | ₹369.42 Cr | ₹321.23 Cr | ₹336.23 Cr | ₹394.46 Cr | ₹316.25 Cr | ₹178.31 Cr |
| Total Tax Expense | ₹56.41 Cr | ₹32.12 Cr | ₹41.02 Cr | ₹45.83 Cr | ₹24.59 Cr | ₹23.99 Cr | ₹30.75 Cr |
| Net Profit | ₹270.67 Cr | ₹337.3 Cr | ₹280.21 Cr | ₹290.4 Cr | ₹369.88 Cr | ₹292.26 Cr | ₹147.56 Cr |
| Other Comprehensive Income | -₹1.38 Cr | ₹1.11 Cr | ₹3.76 Cr | -₹10.58 Lakh | -₹20.76 Lakh | ₹18.44 Lakh | -₹1.83 Cr |
| Total Comprehensive Income | ₹269.3 Cr | ₹338.41 Cr | ₹283.98 Cr | ₹290.3 Cr | ₹369.67 Cr | ₹292.44 Cr | ₹145.73 Cr |
| EBITDA (computed) | ₹493.35 Cr | ₹446.4 Cr | ₹420.58 Cr | ₹384.26 Cr | ₹253.64 Cr | ₹421.04 Cr | ₹301.65 Cr |
| Basic EPS | ₹7.57 | ₹9.44 | ₹15.64 | ₹16.26 | ₹20.74 | ₹17.76 | ₹9.62 |
| Diluted EPS | ₹7.57 | ₹9.43 | ₹15.63 | ₹16.25 | ₹20.73 | ₹17.72 | ₹9.60 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹6,479.68 Cr | ₹6,341.85 Cr | ₹6,035.86 Cr | ₹5,784.85 Cr |
| Non-current Assets | ₹5,933.26 Cr | ₹5,790.82 Cr | ₹5,457.1 Cr | ₹5,199.64 Cr |
| Current Assets | ₹546.43 Cr | ₹551.03 Cr | ₹578.77 Cr | ₹585.2 Cr |
| Property, Plant & Equipment | ₹68.84 Cr | ₹45.98 Cr | ₹32.76 Cr | ₹33.14 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹27.08 Cr | ₹22.88 Cr | ₹23.47 Cr | ₹33.16 Cr |
| Cash & Equivalents | ₹33.26 Cr | ₹22.77 Cr | ₹3.1 Cr | ₹29.37 Cr |
| Equity (Net Worth) | ₹5,503.82 Cr | ₹5,316.45 Cr | ₹5,059.06 Cr | ₹4,854.54 Cr |
| Equity Share Capital | ₹71.53 Cr | ₹71.5 Cr | ₹35.74 Cr | ₹35.72 Cr |
| Borrowings (Non-current) | ₹637.37 Cr | ₹682.11 Cr | ₹616.76 Cr | ₹426.35 Cr |
| Borrowings (Current) | ₹9.07 Cr | ₹67.23 Cr | ₹103.16 Cr | ₹227.49 Cr |
| Total Debt (computed) | ₹646.44 Cr | ₹749.34 Cr | ₹719.91 Cr | ₹653.84 Cr |
| Current Liabilities | ₹254.53 Cr | ₹260.49 Cr | ₹292.78 Cr | ₹414.99 Cr |
| Total Liabilities | ₹975.87 Cr | ₹1,025.4 Cr | ₹976.81 Cr | ₹930.31 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹417.5 Cr | ₹320.44 Cr | ₹229.94 Cr | ₹294.76 Cr | ₹378.05 Cr |
| Investing Cash Flow | -₹158.47 Cr | -₹180.73 Cr | -₹171.26 Cr | -₹112.18 Cr | -₹436.41 Cr |
| Financing Cash Flow | -₹248.54 Cr | -₹57.95 Cr | -₹146.27 Cr | -₹303.5 Cr | ₹126.79 Cr |
| Capital Expenditure | ₹290.56 Cr | ₹690.56 Cr | ₹190.59 Cr | ₹112.94 Cr | ₹185.42 Cr |
| Free Cash Flow (computed) | ₹126.94 Cr | -₹370.12 Cr | ₹39.36 Cr | ₹181.82 Cr | ₹192.63 Cr |
| Dividends Paid | ₹89.39 Cr | ₹89.37 Cr | ₹89.55 Cr | ₹43.06 Cr | ₹17.41 Cr |
| Net Change in Cash | ₹10.49 Cr | ₹81.77 Cr | -₹87.58 Cr | -₹120.92 Cr | ₹68.43 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹135.45 Cr | ₹145.63 Cr | ₹137.33 Cr | ₹125.53 Cr | ₹124.86 Cr | ₹127.46 Cr | ₹115.58 Cr | ₹118.23 Cr | ₹115.6 Cr | ₹119.84 Cr | ₹112.4 Cr | ₹117.87 Cr |
| Other Income | ₹7.14 Cr | ₹27.11 Cr | ₹95.44 Cr | ₹5.63 Cr | ₹21.65 Cr | ₹14.04 Cr | ₹104.52 Cr | ₹6.04 Cr | ₹5.29 Cr | ₹4.82 Cr | ₹92.69 Cr | ₹5.92 Cr |
| Total Income | ₹142.58 Cr | ₹172.74 Cr | ₹232.77 Cr | ₹131.17 Cr | ₹146.5 Cr | ₹141.5 Cr | ₹220.1 Cr | ₹124.27 Cr | ₹120.89 Cr | ₹124.66 Cr | ₹205.1 Cr | ₹123.79 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.71 Cr | ₹9.38 Cr | ₹12.42 Cr | ₹10.89 Cr | ₹7.76 Cr | ₹12.52 Cr | ₹8.31 Cr | ₹9.11 Cr | ₹8.1 Cr | ₹12.17 Cr | ₹9.15 Cr | ₹6.63 Cr |
| Finance Costs | ₹13.76 Cr | ₹19.34 Cr | ₹16.19 Cr | ₹17.08 Cr | ₹19.23 Cr | ₹18.63 Cr | ₹18.11 Cr | ₹16.77 Cr | ₹15.94 Cr | ₹16.21 Cr | ₹15.97 Cr | ₹16.46 Cr |
| Depreciation & Amortisation | ₹15.22 Cr | ₹16.67 Cr | ₹16.23 Cr | ₹22.29 Cr | ₹15.85 Cr | ₹11.98 Cr | ₹8.68 Cr | ₹8.13 Cr | ₹10.76 Cr | ₹8.09 Cr | ₹8.03 Cr | ₹7.88 Cr |
| Other Expenses | ₹36.6 Cr | ₹38.62 Cr | ₹38.25 Cr | ₹33.06 Cr | ₹47.39 Cr | ₹33.76 Cr | ₹35.03 Cr | ₹32.1 Cr | ₹28.72 Cr | ₹30.25 Cr | ₹29.79 Cr | ₹29.05 Cr |
| Total Expenses | ₹72.29 Cr | ₹84 Cr | ₹83.09 Cr | ₹83.32 Cr | ₹90.23 Cr | ₹76.88 Cr | ₹70.13 Cr | ₹66.1 Cr | ₹63.52 Cr | ₹66.72 Cr | ₹62.95 Cr | ₹60.02 Cr |
| Profit Before Exceptional Items & Tax | ₹70.3 Cr | ₹88.74 Cr | ₹149.68 Cr | ₹47.85 Cr | ₹56.27 Cr | ₹64.62 Cr | ₹149.97 Cr | ₹58.17 Cr | ₹57.37 Cr | ₹57.94 Cr | ₹142.15 Cr | ₹63.77 Cr |
| Exceptional Items | -₹4.43 Cr | -₹25.06 Cr | ₹0 | ₹0 | -₹6.99 Cr | ₹0 | ₹0 | ₹47.38 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹65.86 Cr | ₹63.69 Cr | ₹149.68 Cr | ₹47.85 Cr | ₹49.28 Cr | ₹64.62 Cr | ₹149.97 Cr | ₹105.54 Cr | ₹57.37 Cr | ₹57.94 Cr | ₹142.15 Cr | ₹63.77 Cr |
| Total Tax Expense | ₹11.06 Cr | ₹17.89 Cr | ₹20.33 Cr | ₹7.13 Cr | -₹2.28 Cr | ₹8.8 Cr | ₹16.06 Cr | ₹9.54 Cr | ₹4.5 Cr | ₹7.72 Cr | ₹16.21 Cr | ₹12.59 Cr |
| Net Profit | ₹54.8 Cr | ₹45.8 Cr | ₹129.36 Cr | ₹40.72 Cr | ₹51.57 Cr | ₹55.81 Cr | ₹133.92 Cr | ₹96 Cr | ₹52.87 Cr | ₹50.22 Cr | ₹125.94 Cr | ₹51.18 Cr |
| Other Comprehensive Income | -₹1.4 Cr | ₹25.25 Lakh | -₹58.2 Lakh | ₹35.12 Lakh | -₹3.08 Cr | -₹1.42 Cr | -₹62.07 Lakh | ₹6.24 Cr | -₹1.43 Cr | ₹2.57 Cr | ₹95.3 Lakh | ₹1.67 Cr |
| Total Comprehensive Income | ₹53.4 Cr | ₹46.06 Cr | ₹128.78 Cr | ₹41.07 Cr | ₹48.48 Cr | ₹54.39 Cr | ₹133.3 Cr | ₹102.24 Cr | ₹51.45 Cr | ₹52.78 Cr | ₹126.89 Cr | ₹52.85 Cr |
| EBITDA (computed) | ₹99.28 Cr | ₹124.75 Cr | ₹182.11 Cr | ₹87.22 Cr | ₹91.35 Cr | ₹95.22 Cr | ₹176.76 Cr | ₹83.07 Cr | ₹84.07 Cr | ₹82.24 Cr | ₹166.16 Cr | ₹88.11 Cr |
| Basic EPS | ₹1.53 | ₹1.28 | ₹3.62 | ₹1.14 | ₹1.44 | ₹1.56 | ₹3.75 | ₹5.36 | ₹2.91 | ₹2.81 | ₹7.05 | ₹2.87 |
| Diluted EPS | ₹1.53 | ₹1.28 | ₹3.62 | ₹1.14 | ₹1.44 | ₹1.56 | ₹3.74 | ₹5.36 | ₹2.91 | ₹2.81 | ₹7.05 | ₹2.86 |
Shareholding Pattern of The Phoenix Mills Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 47.25%, foreign institutional investors hold 32.97%, domestic institutional investors hold 16.15%, retail and other public shareholders hold 3.64% of The Phoenix Mills Limited. The company had 73,876 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 47.25% | 47.25% | 47.25% | 47.26% | 47.26% | 47.26% |
| Public | 52.75% | 52.75% | 52.75% | 52.74% | 52.74% | 52.74% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 47.25% | 47.26% | 47.28% | 47.30% | 47.33% | 45.51% | 59.11% | 62.76% | 62.82% | 62.86% | 62.89% |
| Public | 52.75% | 52.74% | 52.72% | 52.70% | 52.67% | 54.49% | 40.89% | 37.24% | 37.18% | 37.14% | 37.11% |
| Promoter change (YoY, %pts) | -0.01 | -0.02 | -0.02 | -0.03 | +1.82 | -13.60 | -3.65 | -0.06 | -0.04 | -0.03 | - |
Board & Governance of The Phoenix Mills Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of The Phoenix Mills Limited has 8 directors - 4 independent and 2 executive. The board is chaired by Atul Ashokkumar Ruia.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Atul Ashokkumar Ruia | Non-Executive - Non Independent Director · Chairperson | 1996-11-19 | 1 |
| Shishir Ashok Shrivastava | Non-Executive - Non Independent Director | 2010-03-18 | 1 |
| Rajesh Ramesh Kulkarni | Executive Director | 2021-05-27 | 1 |
| Rashmi Sen | Executive Director | 2023-08-08 | 1 |
| Archana Niranjan Hingorani | Non-Executive - Independent Director | 2023-08-08 | 6 |
| Anand M Khatau | Non-Executive - Independent Director | 2023-08-08 | 1 |
| Sumeet Anand | Non-Executive - Independent Director | 2023-08-08 | 1 |
| Sumanta Datta | Non-Executive - Independent Director | 2023-11-08 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Anand M Khatau (Chairperson), Sumeet Anand, Archana Niranjan Hingorani |
| Nomination and remuneration committee | Sumanta Datta (Chairperson), Anand M Khatau, Sumeet Anand, Archana Niranjan Hingorani |
| Stakeholders Relationship Committee | Anand M Khatau (Chairperson), Atul Ashokkumar Ruia, Shishir Ashok Shrivastava |
| Risk Management Committee | Shishir Ashok Shrivastava (Chairperson), Rajesh Ramesh Kulkarni, Sumeet Anand |
| Corporate Social Responsibility Committee | Atul Ashokkumar Ruia (Chairperson), Shishir Ashok Shrivastava, Sumanta Datta |
Group Structure of The Phoenix Mills Limited
The Phoenix Mills Limited has 34 subsidiary companies and 5 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects The Phoenix Mills Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Big Apple Real Estate Private Limited | U17125UP2007PTC083025 | - |
| Island Star Mall Developers Private Limited | U45200MH2006PTC161067 | - |
| Vamona Developers Private Limited | U45201MH2006PTC165253 | - |
| Upal Developers Private Limited | U45201MH2006PTC292993 | - |
| Sangam Infrabuild Corporation Private Limited | U45201UP2006PTC031651 | - |
| Mugwort Land Holdings Private Limited | U45202MH2007PTC169133 | - |
Showing major subsidiaries. Total: 34.
Charges & Borrowings of The Phoenix Mills Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2026 | Idbi Trusteeship Services Limited | ₹1,100 Cr | Open |
| 28 Nov 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹26 Cr | Open |
| 20 Jun 2016 | Idbi Trusteeship Services Limited | ₹680 Cr | Open |
| 21 Apr 2022 | Idbi Trusteeship Services Limited | ₹830 Cr | Satisfied |
| 08 Apr 2022 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied |
Total charge records: 35 View all charges
Employees and EPFO Compliance at The Phoenix Mills Limited
The Phoenix Mills Limited has a workforce of 99 employees as of Apr 08, 2024.
Employee and EPFO history for The Phoenix Mills Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of The Phoenix Mills Limited
GST registrations and filing compliance for The Phoenix Mills Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for The Phoenix Mills Limited
Credit ratings, litigation, and regulatory alerts for The Phoenix Mills Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by The Phoenix Mills Limited
MSME payment history for The Phoenix Mills Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of The Phoenix Mills Limited
Corporate group structure for The Phoenix Mills Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of The Phoenix Mills Limited
MCA filings and documents for The Phoenix Mills Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on The Phoenix Mills Limited
Recent News on The Phoenix Mills Limited
Frequently Asked Questions about The Phoenix Mills Limited
The Phoenix Mills Limited is an active public limited company in the business services sector based in Mumbai, Maharashtra, India. It was incorporated on 27 January 1905 (121+ years old) and is registered under CIN L17100MH1905PLC000200. Listed on BSE: 503100 and NSE: PHOENIXLTD. The company has 99 employees.
The Phoenix Mills Limited reported revenue of ₹4,422.8 Cr for FY 2026 (up 15.98% YoY) based on consolidated NSE filings.
The current directors of The Phoenix Mills Limited are:
- Shishir Ashok Shrivastava - Director
- Rajesh Ramesh Kulkarni - Whole-Time Director
- Atul Ashokkumar Ruia - Director
- Sumanta Datta - Director
- Archana Niranjan Hingorani - Director
- Sumeet Anand - Director
- Anand Mahendra Khatau - Director
- Rashmi Sen - Whole-Time Director
The primary industry of The Phoenix Mills Limited is business services. The company specifically operates in mall and retail management. The company is currently active in this sector.
Yes. The Phoenix Mills Limited is listed on both BSE (code: 503100) and NSE (symbol: PHOENIXLTD).
The Phoenix Mills Limited can be reached at the registered office: 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013, or through the website thephoenixmills.com.